Correction to Australia, Brazil alumina FOB indices on June 25

Fastmarkets has corrected its MB-ALU-0002 alumina index, fob Australia and its MB-ALU-0010 alumina inferred index, fob Brazil, which were published incorrectly on Tuesday June 25 due to a back end calculation error.

MB-ALU-0002 Alumina index, fob Australia, $/tonne was published in error as $506.90 per tonne. This has now been corrected to $506.91 per tonne.

MB-ALU-0010 Alumina index inferred, fob Brazil, $/dmt was published in error as $532.94 per dry metric tonne. It has been corrected to $532.95 per dmt.

Fastmarkets’ pricing database has been updated to reflect these changes.

These prices are part of the Fastmarkets base metals package.

For more information or to provide feedback on this correction notice or if you would like to provide price information by becoming a data submitter to these indices, please contact Laura Roberts by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Laura Roberts, re: Alumina index, fob Australia, $/tonne.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.

What to read next
Following an initial consultation with the market, Fastmarkets is proposing to:  The new specifications would be as follows, with amendments in italics: MB-CU-0002 Copper grade 1 cathode premium, ddp Midwest US, US cents/lb Quality: Grade A 99.9935% min copper cathode conforming to LME specifications BS EN 1978:2022 – Cu-CATH-1 or Grade 1 Electrolytic Copper Cathode ATSM B1115-10 Quantity: Min […]
The proposed price will expand Fastmarkets’ coverage of the flat stainless steel market in Europe by complementing the price assessment for MB-STS-0281 stainless steel cold-rolled sheet, 2mm, grade 304, transaction domestic, delivered North Europe. The proposal follows preliminary discussions with the market and coincides with a proposal to discontinue the assessment of the base price for […]
Fastmarkets’ 2025 outlook for key raw materials and ingredients used in the production and distribution of fast-moving consumer goods.
The proposal follows preliminary discussions with the market and interrogation of existing data collected by Fastmarkets, which suggest that these prices are no longer used by the wider market. Base price trading has been suspended since the end of 2022 due to poor market conditions. In its place, business has been done on a transaction […]
This strategic launch is intended to offer the market a single reference price denoting the differential between US Midwest rebar and heavy melting-grade scrap, a key component in the production of that grade. Details of the previous launches can be found via this link. The methodology specification for this differential is: MB-STE-0930 Steel reinforcing bar […]
Fastmarkets has concluded its annual industry consultation and will add new straight-length assessments for Eastern S-P-F #1&2 2x4 and 2x6 8’-16’ delivered Toronto. Fastmarkets will also assess an adder for Southern Yellow Pine #2 Prime 2x4, 2x6, and 2x8.